Space Com
Space-Communication Ltd. provides satellite communication services worldwide. It offers on-the-move connectivity solutions; broadband satellite services, including high-speed two-way internet, broadband internet access, B2B and B2C, point-to-multipoint streaming, congestion-free IP trunking, and on-demand services; and broadcast satellite services, such as DTH and TV/audio origination and distrib… Read more
Space Com (SCC) - Net Assets
Latest net assets as of September 2025: ILA1.41 Billion ILA
Based on the latest financial reports, Space Com (SCC) has net assets worth ILA1.41 Billion ILA as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA1.97 Billion) and total liabilities (ILA567.03 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ILA1.41 Billion |
| % of Total Assets | 71.26% |
| Annual Growth Rate | -1.55% |
| 5-Year Change | -68.12% |
| 10-Year Change | -95.15% |
| Growth Volatility | 156.36 |
Space Com - Net Assets Trend (2000–2024)
This chart illustrates how Space Com's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Space Com (2000–2024)
The table below shows the annual net assets of Space Com from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ILA28.86 Million | +170.47% |
| 2023-12-31 | ILA10.67 Million | -63.15% |
| 2022-12-31 | ILA28.96 Million | -60.62% |
| 2021-12-31 | ILA73.54 Million | -18.78% |
| 2020-12-31 | ILA90.54 Million | -79.11% |
| 2019-12-31 | ILA433.50 Million | -6.13% |
| 2018-12-31 | ILA461.81 Million | +11.17% |
| 2017-12-31 | ILA415.42 Million | -12.50% |
| 2016-12-31 | ILA474.76 Million | -20.26% |
| 2015-12-31 | ILA595.39 Million | +1.92% |
| 2014-12-31 | ILA584.14 Million | +22.66% |
| 2013-12-31 | ILA476.21 Million | +265.91% |
| 2012-12-31 | ILA130.14 Million | -73.16% |
| 2011-12-31 | ILA484.87 Million | +77.00% |
| 2010-12-31 | ILA273.94 Million | +256.00% |
| 2009-12-31 | ILA76.95 Million | +3.63% |
| 2008-12-31 | ILA74.26 Million | +109.11% |
| 2007-12-31 | ILA-815.47 Million | -579.82% |
| 2006-12-31 | ILA169.95 Million | +61.06% |
| 2005-12-31 | ILA105.52 Million | +71.38% |
| 2004-12-31 | ILA61.57 Million | +29.27% |
| 2002-12-31 | ILA47.63 Million | +11.14% |
| 2001-12-31 | ILA42.85 Million | +1.99% |
| 2000-12-31 | ILA42.02 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Space Com's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 13633100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ILA1.06 Million | 3.66% |
| Other Comprehensive Income | ILA12.97 Million | 44.93% |
| Other Components | ILA151.17 Million | 523.72% |
| Total Equity | ILA28.86 Million | 100.00% |
Space Com Competitors by Market Cap
The table below lists competitors of Space Com ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MCCORMICK NON VTG
BE:MCX
|
$548.68K |
|
Ludan Engineering Co. Ltd
TA:LUDN
|
$548.68K |
|
Barakah Offshore Petroleum Bhd
KLSE:7251
|
$548.68K |
|
Taurus Gold Corp.
PINK:TARGF
|
$548.99K |
|
Seneca Foods Corporation PFD $12.00
PINK:SENEM
|
$548.37K |
|
PANDORA (3P7.SG)
STU:3P7
|
$548.34K |
|
POLARIS INDS
BE:PL6
|
$547.96K |
|
ERAMET (ER7.SG)
STU:ER7
|
$547.64K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Space Com's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 10,672,000 to 28,865,000, a change of 18,193,000 (170.5%).
- Net income of 16,212,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 12,968,999.
- Other factors decreased equity by 10,987,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA16.21 Million | +56.16% |
| Other Comprehensive Income | ILA12.97 Million | +44.93% |
| Other Changes | ILA-10.99 Million | -38.07% |
| Total Change | ILA- | 170.47% |
Book Value vs Market Value Analysis
This analysis compares Space Com's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 471.20x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 14.02x to 471.20x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | ILA23.18 | ILA325.00 | x |
| 2014-12-31 | ILA28.40 | ILA325.00 | x |
| 2015-12-31 | ILA28.91 | ILA325.00 | x |
| 2016-12-31 | ILA23.03 | ILA325.00 | x |
| 2017-12-31 | ILA20.15 | ILA325.00 | x |
| 2018-12-31 | ILA22.28 | ILA325.00 | x |
| 2019-12-31 | ILA20.70 | ILA325.00 | x |
| 2020-12-31 | ILA3.75 | ILA325.00 | x |
| 2021-12-31 | ILA3.05 | ILA325.00 | x |
| 2022-12-31 | ILA1.06 | ILA325.00 | x |
| 2023-12-31 | ILA0.30 | ILA325.00 | x |
| 2024-12-31 | ILA0.69 | ILA325.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Space Com utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 56.16%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.21%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 15.04x
- Recent ROE (56.16%) is above the historical average (-22.19%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 2.72% | 18.05% | 0.05x | 2.92x | ILA-3.06 Million |
| 2001 | 2.92% | 16.53% | 0.02x | 7.34x | ILA-3.03 Million |
| 2002 | 4.18% | 14.89% | 0.03x | 10.43x | ILA-2.77 Million |
| 2004 | 18.10% | 11.60% | 0.14x | 11.20x | ILA4.99 Million |
| 2006 | 26.83% | 28.91% | 0.14x | 6.51x | ILA28.60 Million |
| 2008 | 19.14% | 27.07% | 0.13x | 5.26x | ILA6.79 Million |
| 2011 | 5.36% | 8.19% | 0.14x | 4.58x | ILA-22.48 Million |
| 2013 | 4.30% | 5.99% | 0.13x | 5.57x | ILA-27.12 Million |
| 2014 | 7.55% | 10.30% | 0.14x | 5.06x | ILA-14.28 Million |
| 2015 | 1.10% | 1.70% | 0.13x | 5.06x | ILA-53.01 Million |
| 2016 | -24.18% | -43.93% | 0.19x | 2.95x | ILA-162.29 Million |
| 2017 | -11.39% | -18.37% | 0.11x | 5.41x | ILA-88.85 Million |
| 2018 | 12.04% | 18.56% | 0.13x | 5.06x | ILA9.40 Million |
| 2019 | -7.06% | -10.42% | 0.13x | 5.32x | ILA-73.96 Million |
| 2020 | -39.01% | -40.22% | 0.15x | 6.43x | ILA-44.37 Million |
| 2021 | -20.96% | -16.45% | 0.17x | 7.56x | ILA-22.77 Million |
| 2022 | -242.35% | -71.45% | 0.23x | 14.78x | ILA-73.08 Million |
| 2023 | -237.05% | -25.51% | 0.24x | 38.54x | ILA-26.37 Million |
| 2024 | 56.16% | 16.21% | 0.23x | 15.04x | ILA13.33 Million |
Industry Comparison
This section compares Space Com's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $1,165,499,887
- Average return on equity (ROE) among peers: 17.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Space Com (SCC) | ILA1.41 Billion | 2.72% | 0.40x | $548.47K |
| Discount Investment Corp Ltd (DISI) | $3.89 Billion | 0.36% | 4.17x | $3.56 Million |
| Gilat Telecom Global Ltd (GLTL) | $14.90 Million | -14.86% | 3.54x | $211.83K |
| Nextcom (NXTM) | $29.44 Million | 27.59% | 2.61x | $299.92K |
| Partner (PTNR) | $1.25 Billion | 54.39% | 2.75x | $21.80 Million |
| Suny Cellular Communication Ltd (SNCM) | $641.40 Million | 19.08% | 0.21x | $879.70K |